Risley Middle School
LFS Weekly Lesson Plan
Teacher:
Lewis, Benton, Podlin
Grade/Subject: IBT
Dates: Unit 7 Week One
Unit Topic: Accounting 101
GPS/QCCs (Write out): GPS/QCCs (Write out):. IBT-1 Demonstrate employability skills required by business and industry.
IBT-2 Apply technology as a tool to increase productivity by creating, editing, and publishing industry-appropriate documents.
IBT-3 Master word processing software to create, edit, and publish professional-appearing business documents.
IBT-8 Understand, interpret, and use accounting principles to make financial decisions.
IBT-12 Explore how related student organizations are integral parts of career and technology education courses through leadership development, school and community service projects,
entrepreneurship development, and competitive events.
Monday
Tuesday
Wednesday
Essential Question and/or Key Questions
What are the financial
What does each step in the
What are debits and
statements of a business and
accounting cycle accomplish? credits?
what do they tell me?
What are the possible
sources of income for a
business?
Thursday
What are the possible
sources of income for
a business?
Friday
How are budgets
created?
How can spreadsheet
software help me
prepare and analyze
financial statements for
a business?
Activating/Acceleration:
(Some ideas: KWL, Pre-reading, Think Pair Share, Thinking Maps, Vocabulary Overview, Word Splash, Survey, Big Four)
Vocabulary 12:
1. accounting
2. accounting cycle
Journal: Discuss what a
company’s financial
statements would include.
Journal: What is the
purpose of the accounting
cycle?
Journal: What do you
think could be possible
sources of income for
a business? Type one
Vocabulary 13:
1. budget
Risley Middle School
LFS Weekly Lesson Plan
3. accounting equation
4. assets
5. liabilities
6. owner's equity
7. capital
8. debit
9. credit
10. revenue
11. expenses
12. income statement
13. balance sheet
14. statement of owner's
equity
15. cash flow statement
16. vertical analysis
17. horizontal analysis
18. liquidity ratios
19. profitability ratios
20. solvency ratios
Go to
http://cms.gavirtualsc
hool.org/Shared/Electi
ves/IntroductionToBus
paragraph discussing
these sources.
2. financial
institution
3. depository
4. non-depository
5. commercial
bank
6. savings and loan
association
7. credit union
8. investment bank
9. financial
services
company
10.insurance
company
11.collateral
12.secured loan
13.credit report
Go to
http://cms.gavirtualschool.
org/Shared/Electives/Intro
ductionToBusinessTechn
ology/MoneyManagement
/index.html
Risley Middle School
LFS Weekly Lesson Plan
inessTechnology/Acco
unting/index.html
Go to p.1 and let your
mouse hover over the
vocab word to reveal the
definition.
(page 2) and use the flash
cards for the definitions.
Cognitive Teaching Strategies: include time for distributed practice or summarizing
(Some ideas: Lecture/Question, Read/Discuss, TIMS, Hands on Activity, Thinking Map, Pictograph, Research, Vocabulary,
Students will go to
http://cms.gavirtualschool.org/
Shared/Electives/IntroductionT
oBusinessTechnology/Accounti
ng/index.html
1. Students will read p.1.
Students will go to
http://cms.gavirtualschool.org/
Shared/Electives/Introduction
ToBusinessTechnology/Acco
unting/index.html
1. Students will read the 2
articles in the right sidebar on
p.2.
2. Students will read p.3,
complete the activity “financial
statements,” and the
accounting assignment at the
bottom of the page.
3. Students will read p.4,
complete the activity
“accounting cycle order, and
complete the assignment at
the bottom of the page. Use
http://magic.piktochart.com/
to create the infographic.
Students will go to
http://cms.gavirtualschool.or
g/Shared/Electives/Introduct
ionToBusinessTechnology/
Accounting/index.html
1. Students will read p.5.
2. Students will read p. 6
and complete the
assignment “Calculating
and Interpreting Financial
Ratios Project.” Use the
project documents in the
right sidebar to help.
Diagrams/Graphs, Comprehension)
Students will go to
http://cms.gavirtualsch
ool.org/Shared/Elective
s/IntroductionToBusine
ssTechnology/Accounti
ng/index.html
1. Students will
complete the
Financial Statement
Sort activity. Take a
screen shot of your
score and copy it to
the homework folder.
2. Take the Accounting
Quiz.
Summarizing Strategies: (Some ideas: Ticket Out the Door, 3-2-1, The Important Thing, One Word, Learning Logs)
Students will go to
http://cms.gavirtualschool.
org/Shared/Electives/Intro
ductionToBusinessTechn
ology/MoneyManagement
/index.html
1. Students will read p.1
2. Students will read p.2
and complete the “Steps
in money management
activity.”
3. Students will complete
the Living on a budget
assignment.
Risley Middle School
LFS Weekly Lesson Plan
Students will work with the
vocabulary flash cards on the
GA Virtual School website.
Share your infographic with
your neighbor.
Describe one important
financial ratio to a neighbor.
Share with your
Discuss with the class the
neighbor questions you vocabulary words they did
had about the quiz
not understand fully.
today.
Extending/Refining Activity: This is for all students. After they acquire, then take them up a notch with thinking skills/writing prompts.
(Some ideas: Cause/Effect, Compare/Contrast, Write, Classify, Analyze, Evaluate, Inductive, Deductive)
Students may work on completing
Dave Ramsey’s Budget for
individuals.
Students may work on
completing Dave Ramsey’s
Budget for individuals.
Students may work on
completing Dave Ramsey’s
Budget for individuals.
Students may work on
completing Dave
Ramsey’s Budget for
individuals.
Assignment and/or Assessment: A variety of informal, performance, constructed response, selected response
Observation. Students will begin Observation. Students will
Observation. Students will
Observation. Students
accounting career PPT. Project
continue working on
continue working on
will continue working
file.
accounting career PPT.
accounting career PPT.
on accounting career
PPT.
Differentiation: (Gifted)
Accommodations: (Sped, 504, SST) Upon Request
Students may work on
completing Dave Ramsey’s
Budget for individuals.
Observation. Students will
continue working on
accounting career PPT.